Perspective
Jan. 8, 2014
Success, redefined
The U.S. Treasury recently sold its last share of General Motors stock, concluding its four-year investment into the automaker that stirred considerable debate. By Jonathan Michaels
On Dec. 9, 2013, the U.S. Treasury sold its last share of General Motors stock, concluding its four-year investment into the automaker that stirred considerable debate. At the high water mark, the U.S. owned 61 percent of GM, placing itself squarely in the midst of private competition, and forcing it to compete against those it was charged with protecting.
The total investment in GM reached $49.5 billion - an amount according to RSM...
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